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September 21, 2026
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Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.
September 21, 2026
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Rupee appreciation in early trade reflects lower crude prices and stronger domestic equities despite dollar demand.
Rupee appreciation in early interbank trading saw the currency strengthen by 24 paise to 95.72 per US dollar. Lower Brent crude prices, gains in domestic equities and improved foreign fund sentiment supported the currency, while importer demand for dollars and broader US-dollar strength limited gains. Market commentary identified a broad near-term trading range, and foreign-exchange reserves declined because foreign-currency and gold reserves fell.
September 21, 2026
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Digital signature compatibility requires updated signing software for newly issued tokens, while functioning existing certificates remain usable until expiry.
Digital-signature users with tokens issued on or after 21 September 2026 must install emSigner v3.3, while users whose existing certificates and tokens function normally may retain their current version. Version 3.3 supports existing tokens and is required where signing fails or certificates cannot be selected despite correctly installed drivers. Certificates downloaded to FIPS 140-2 dongles on or before that date remain valid until expiry; later renewal or fresh issuance generally requires FIPS 140-3 dongles, subject to specified exceptions.
September 21, 2026
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Private capital mobilisation for development financing requires predictable investment conditions, credible projects, fiscal transparency, and strengthened State capital expenditure.
Development financing for Viksit Bharat is framed as a joint Union-State and private-sector task requiring higher savings and investment, fiscally resilient public finances, and mechanisms to mobilise private capital. Fiscal sustainability requires State-wise debt assessments and fuller disclosure of off-budget borrowings, guarantees, arrears and borrowings through State-owned entities. Public resources are expected to play a catalytic role in attracting private investment, supported by predictable rules, enforceable contracts, faster dispute resolution and stronger investment protections.
September 21, 2026
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PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
The PMLA-IBC interface addresses reconciliation of insolvency resolution with anti-money-laundering enforcement where corporate debtor assets are attached during resolution. Section 32A is central to this interaction, although harmonised implementation remains challenging. The framework also considers money-laundering stages, hawala transactions, financial investigation, asset tracing, and evolving judicial approaches to aligning insolvency objectives with enforcement measures.
September 21, 2026
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Evolving insolvency law relies on legislative amendments and regulatory mechanisms to respond effectively to changing market conditions.
Subordinate legislation and regulatory mechanisms are important tools for maintaining responsiveness within the insolvency framework. Regulations may be framed for provisions of the Code and for fulfilment of its purposes and objectives, enabling practical responses to emerging issues. The interaction between primary legislation, regulations and market developments supports continuing refinement of insolvency law in line with changing conditions.
September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.

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A New Chapter in Shanghai–Yunnan Cultural Exchang

February 3, 2026

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Dali Jia Ma Prints and Fengxian Printmaking Exhibited at CHANDO Future Beauty Innovation Hub SHANGHAI, Feb. 3, 2026 /PRNewswire/ -- On January 29, 2026, the exhibition Tracing Beauty in Motion — A Printmaking Exchange between Dali Jia Ma Woodblock Prints of Yunnan and Fengxian Printmaking of Shanghai opened to the public at Oriental Beauty Valley CHANDO Future Beauty Innovation Hub. The exhibition is presented in coordination with the Shanghai Municipal Office for Cultural and Creative Industries and the Cooperation and Exchange Office of Shanghai Municipal People's Government, with institutional support from the Fengxian District Bureau of Culture and Tourism, and is jointly organized by Shanghai CHANDO Group, the Dali Craftsman Spirit • Jia Ma Woodblock Print Art Museum, and the Fengxian District Cultural Museum. The exhibition will run through March 1. As part of the broader interregional collaboration framework between Fengxian and Dali, the exhibition offers a platform for cross-regional artistic exchange, tracing a journey from the cultural traditions of the Greater Himalayan region to contemporary printmaking practices along the East China Sea, in line with the exhibition theme "Mountains and Seas in Harmony, Beauty Shared by All." Alongside the exhibition, a series of related public programs, including a Spring Festival Garden Fair and a New Year Shopping Festival, are being held. Through a combination of cultural displays, traditional activities, and visitor participation, these programs offer residents and visitors an opportunity to engage with Spring Festival traditions in a contemporary setting.

A Cross-Regional Artistic Exchange Since Fengxian District and Dali Prefecture established a partnership in 2021, the two local governments have worked together on initiatives spanning industrial collaboration, public services, and talent exchange, supported by a multi-level framework for cooperation. This exhibition extends that collaboration into the field of cultural exchange.

With operations based in Fengxian and longstanding engagement in Yunnan, CHANDO Group has participated in a range of collaborative initiatives linking the two regions. Dali Prefecture in Yunnan serves as a key source of raw materials for the company. In October 2023, the partners introduced a city-themed co-branded product, the limited-edition Polar Holy Water "Wind, Flower, Snow, Moon" — Dali Edition. In July 2024, additional co-branded products followed, including the euspa "Wind, Flower, Snow, Moon" hair and body care collection and the Dali 3000 Sunscreen Set. In the same year, during the Fengxian–Dali cooperation conference, CHANDO Group donated 500,000 yuan to the Dali Foundation for Poverty Alleviation to support local community initiatives. The joint presentation of this intangible cultural heritage printmaking exhibition reflects a further instance of cultural collaboration between the two regions.

At the opening ceremony, Dr. Chen Juanling, General Manager of Public Affairs at CHANDO Group, noted in her remarks that the printmaking exhibition is the 12th initiative in the CHANDO Art Program and coincides with the company's 25th anniversary, under the theme "Together in Beauty." She said the company focuses on bringing together technology, culture, and the natural environment through its public cultural initiatives, and that its participation in the exhibition reflects an ongoing commitment to cultural exchange and to the preservation and contemporary presentation of intangible cultural heritage. She added that the exhibition is intended to show how traditional cultural forms can continue to resonate in contemporary settings, while offering the public a range of participatory experiences, including the garden fair, traditional activities, and interactive programs.

Following the remarks, representatives of the participating institutions opened the exhibition and visited CHANDO Future Beauty Innovation Hub, where they viewed both the Science and Art of Cosmetics Exhibition and the Tracing Beauty in Motion printmaking exhibition. Works from both regions are displayed together, fostering dialogue across regions and generations, and highlighting shared cultural appreciation.

Intangible Cultural Heritage in Dialogue: A Cross-Regional Exchange between Jia Ma and Fengxian Prints The exhibition is organized into two main sections: Marks of Blessing: The Spiritual Map of Jia Ma and Local Dialogues: Fengxian Printmaking Practices, which introduce the artistic traditions and cultural backgrounds of prints from both regions.

Dali Jia Ma prints, originating in the Tang Dynasty, are created using traditional woodblock printing techniques on Jia Ma paper. Their motifs feature deities, natural elements, and scenes from daily life, and have traditionally served ritual and ceremonial functions. Historically used in blessing practices, these prints express the Bai community's cultural traditions and social values.

Fengxian printmaking, rooted in Jiangnan cultural traditions, draws on established printmaking methods while incorporating contemporary perspectives, using detailed carving and layered compositions to reflect the character of a developing coastal district.

Spring Festival Garden Fair and New Year Shopping Festival: Public Cultural Activities and Community Engagement Located in Fengxian, Shanghai, Oriental Beauty Valley CHANDO Future Beauty Innovation Hub is a flagship project developed by CHANDO Group. The project brings together cultural programming, tourism, retail, and public exhibitions, combining beauty science education, product displays, intelligent manufacturing showcases, and on-site retail, and providing a publicly accessible venue that links industry, education, and cultural experience. It has been recognized as one of Shanghai's Top 10 Iconic Cultural and Tourism Projects for 2025.

To coincide with the exhibition opening, CHANDO Future Beauty Innovation Hub launched the Spring Festival Garden Fair and Factory Store New Year Shopping Festival, bringing together traditional culture, hands-on experiences, and consumer activities. The garden fair features public participation stations, including Jia Ma woodblock printing demonstrations, calligraphy and Spring Festival couplets, New Year-themed makeup experiences, seasonal food tastings, fortune drawing, and photo areas, creating a festive environment designed for broad public participation.

CHANDO Group introduced the Bai cultural blessing, "Yangyang Hao" to the Shanghai audience, creating a "Good Luck" installation where visitors can record and display New Year wishes, representing shared aspirations for the year ahead.

The Factory Store New Year Shopping Festival runs through February 13, offering limited-edition product sets and an additional 10% discount on top of store promotions. By linking cultural programming with commercial activity, the initiative supports seasonal consumer activity while contributing to the coordinated development of cultural, tourism, and commercial offerings.

Public Engagement and Regional Cooperation CHANDO Group has participated in a range of public-interest and cultural programs, including support for the Keyan Return Program for women in scientific research, the Spring Bud Project for rural education, and initiatives promoting cross-regional cultural exchange. The Group continues to assess ways in which corporate participation can support cultural preservation and regional cooperation.

Looking ahead, CHANDO plans to continue utilizing the Oriental Beauty Valley CHANDO Future Beauty Innovation Hub platform to further develop the "cultural, tourism, commercial, and sports exhibitions + industrial tourism" model, with the aim of expanding public access to cultural programs that combine science, art, and everyday life, and supporting sustainable regional cultural development.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR

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